Cox-Monett Hospital Inc

Analysis

Cox-Monett Hospital Inc is a registered charity in United States, based in Monett, MO. It received its IRS tax-exemption ruling in June 1994, 32 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Cox-Monett Hospital Inc reported income of $69.3m and spending of $62.9m, spending 91% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $47.8m to $69.3m (+45%), an average of +9.7% a year. The sharpest change came in the year to September 2021, when income rose by 57%. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Cox-Monett Hospital Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within MO. Charities of a similar size with the same main cause include Effingham Hospital Inc ($69.3m), Mackinac Straits Health System Inc ($69.3m) and Eastern Maine Healthcare Systems ($69.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 1.9% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $88k (0.1% of expenses). Other salaries and wages came to $27.2m. At year end it held assets of $91.1m against liabilities of $43.6m, net assets of $47.4m. It reported 602 employees.